Trend Table for TIMB - TIM S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 26	C	Weak or Absent	Up	Down	Up	-1.80%
Apr 25	C	Weak or Absent	Up	Down	Up	-0.46%
Apr 24	C	Weak or Absent	Up	Down	Up	-0.46%
Apr 23	C	Weak or Absent	Up	Down	Flat	-0.34%
Apr 22	C	Weak or Absent	Up	Down	Down	-0.05%
Apr 19	C	Weak or Absent	Up	Down	Down	0.67%
Apr 18	C	Weak or Absent	Up	Down	Down	2.52%
Apr 17	C	Weak or Absent	Up	Down	Down	2.02%
Apr 16	C	Weak or Absent	Up	Down	Down	2.33%
Apr 15	D	Weak or Absent	Up	Down	Down	0.61%